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Find similar grantsArizona Aerospace & Defense Financial Incentives is sponsored by Arizona Commerce Authority. Offers financial incentives including tax credits and grants to aerospace and defense companies operating in Arizona.
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Arizona Aerospace & Defense Advantage - Financial Incentives of A&D in AZ | Arizona Commerce Authority Arizona's robust incentives for aerospace and defense companies include access to more than $200 million through refundable tax credits, reimbursable grants and property tax reductions making it the clear choice for innovative businesses to start, expand, relocate, and thrive.
R&D Tax Credit – Up to a 34% refundable income tax credit for investments in research and development. Qualified Facility Tax Credit – Up to a 10% refundable tax credit for investments in manufacturing facilities. Quality Jobs Tax Credit – Tax credits up to $3,000 per year for three years for each new job created.
Job Training Reimbursable Grants – Up to 75% expense reimbursement for employers implementing job-specific training for new jobs. Foreign Trade Zone – Up to an over 70% reduction in real and personal property taxes for companies operating in a federally qualified zone.
Military Reuse Zone - Up to an over 70% reduction in real and personal property taxes and up to $10,000 in state income tax credits for each new employee for companies in qualified zones.
In addition to attractive, cost-saving incentives, the state offers: Reduced company tax burdens Among the lowest corporate income tax rates in the country Continued trend of reducing property taxes Unique and aggressive depreciation schedules View the full list of Arizona's programs to accelerate business success.
Based on current listing details, eligibility includes: Aerospace and defense companies in Arizona. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Varies Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
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Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
AZ FAST Grant is a grant from the Arizona Commerce Authority, in partnership with the U.S. Small Business Administration, that provides up to $3,000 per award to Arizona-based small businesses pursuing SBIR (Small Business Innovation Research) funding. The Federal and State Technology (FAST) Partnership Program helps entrepreneurs build more competitive SBIR proposals through funds, resources, training, and networking opportunities. Applications are open through March 23, 2026, with six awards per round. Eligible businesses must be for-profit, majority US-owned and operated, and located in Arizona.
Arizona Innovation Challenge is sponsored by Arizona Commerce Authority. The Arizona Innovation Challenge is a business competition designed to reward businesses in the state that are advancing innovation and developing new technologies. Ten finalists receive a $100,000 grant and other rewards, including an invitation to a six-month accelerator program. Eligible industries include Information Technology – Software.